Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Wall/Window Unit(s)

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame, Stucco

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $495,000

  • Tax Amount

    $7,783

  • Zoning

    Golden Gate Redevmp.

  • Sq. Footage

    1, 486

  • Price/SqFt

    $333

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Other

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Location

County

Martin

Elementary School

Middle School

High School

Listing Courtesy of Christopher Lundstrom , Lundstrom & Company

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Agent Jarrod Gaylis

Realtor

Jarrod Gaylis

Call Jarrod today to schedule a private showing.


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Rare opportunity to acquire a vacant triplex investment property in the Golden Gate neighborhood of Stuart, offering immediate lease-up potential and rental upside. The property features three 1BR / 1BA units within a two-story building constructed in 1990 on an approximately 0.202 acre lot.

Each unit offers an efficient floor plan with living area, kitchen, bedroom, and bath—well suited for long-term workforce housing tenants. The practical layouts support durable ownership and manageable operating costs. A newer roof adds long-term value and may help reduce near-term capital expense concerns.

Because the property is currently fully vacant, the new owner can set market rents immediately and select new tenants, providing full operational control without inherited leases. Comparable rents for 1BR units in the area indicate solid income potential once stabilized.

Located in the Golden Gate area of Stuart, the property benefits from convenient access to US-1, downtown Stuart, shopping, parks, and local employment centers, supporting steady rental demand for affordable housing in Martin County.

Opportunities to acquire small multifamily properties in Stuart are very limited, particularly with three units under one roof and immediate leasing flexibility. This property presents a compelling opportunity for investors seeking stable rental income and the ability to execute a clean lease-up strategy in a strong rental market.

3162 SE Hawthorne St

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